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20120901
20120930
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, ceo and cofounder. we always love when people come back to the united states. so far you have just begun the process. talk about you do and why you chose china as a place to do it. you do led lighting. how long were you in china and why did you choose to go there originally? >> well, first of all, thanks for having me, dave, liz. we chose to go to china, we first opened in 2007 in china. we did a lot of engineering stuff over there because the costs were obviously a lot cheaper. and really what we concentrated on in 2000 was expanding there quite a bit. since, since 2009 we've really, we've really looked at our costs and even though it is a lot cheaper for to us manufacture products in china we've done the proper social thing about bringing businesses back to the u.s.. david: so tell us, first of all exactly how much of a loss, i mean, essentially you are going to be paying more by higher labor costs, will you not, coming into the united states? >> yeah, we're paying more but you know, there is field expenses too have that gone up which makes china knot appealing to us and also the
that by hundreds of companies from the united states that is why unemployment stays frustratingly high. won't that eventually hurt corporate profits? >> there is a lot that can go wrong and the fed was trying to minimize the risks if things go wrong from here but if you don't believe in the government and you don't believe in the u.s. currency because they are throwing so much money at it and you don't believe in government that when you do want to own are shares in corporations because they are the strongest entities in the world with a global footprint, good balance sheets. in a sea of uncertainty and lower returns one of the things you want to learn is a share of a growing stream of earnings and dividend and speculate by low-quality stocks, there is a lot that can go on but you want return and you do have to own the higher-quality companies and the global footprint. you have to have some of your money in those. dave: there was one this sense that this vote. you think richard fisher, head of dallas fed where you used to work if he was a voting member as he used to be that he would be anot
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